#QKCUSDT $QKC

Based on the analysis of the 1-hour chart for QKC/USDT, the price has shown a significant bullish momentum. The price has recently surged past the 200-period Moving Average (MA), which is positioned at $0.007617, indicating a potential shift in trend. The Relative Strength Index (RSI) is at 89.22, suggesting that the asset is in overbought territory but has exhibited strong bullish pressure. The MACD indicator shows a bullish crossover, with the MACD line at 0.000213 above the signal line at 0.000160, and the histogram positive at 0.000053, reinforcing the bullish sentiment.

In a bullish scenario, if QKC/USDT continues to maintain its position above the support level at $0.007617, it could aim for the next resistance zones around $0.009616 and $0.010057. Sustained buying pressure and positive market sentiment could push the price higher towards these levels and beyond.

Conversely, in a bearish scenario, if the price fails to hold above the $0.007617 support, it may retest lower support levels. A break below this level could indicate a reversal, leading to further downside towards $0.006500 and possibly lower.

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Disclaimer: The information provided here is for educational purposes only and should not be construed as financial advice. Cryptocurrency trading involves significant risk and you should perform your own due diligence before making any investment decisions. Always consult with a qualified financial advisor.